Many technical indicators are available to traders, but one question remains: "which are useful and which aren't"? In this post we try to answer this question.
This indicator returns pivot point high/lows alongside the percentage change between one pivot and the previous one (Δ%) and the distance between the same type of pivots in bars (Δt). The indicator also returns an estimate of the future time position of the pivot points.
The Zig Zag indicator is a useful tool when it comes to visualizing past underlying trends in the price and can make the process of using drawing tools easier.
Today's new indicator a spider chart overlaid on the user’s current chart allowing the visualization of information given by various normalized oscillators.
The first thing most traders will have to do is build a portfolio, this process is more complex than just choosing what assets to trade, and in order to build a good portfolio you will need to find your trader profile.
The following oscillator uses an adaptive moving average as input for another RSI oscillator and aims to provide a way to minimize the impact of retracements over the oscillator output without introducing significant lag.
Timeframes and technical indicator settings are ubiquitous concepts to technical analysts, two things that they will have to interact with at some point in point.
The following moving average adapts to the average number of highest high/lowest low made over a specific period, thus adapting to trend strength. Interesting results can be obtained when using the moving average in a MA crossover system or as a trailing support/resistance.
The following indicator is a normalized oscillator making use of the arc tangent sigmoid function (ArcTan), this allows to “squarify” the output result, thus visually filtering out certain variations originally present in the oscillator.
Today we present a new technical indicator that displays a simple & elegant panel showing the direction of simple moving averages with periods in a user-selected range.